U.S.-China trade, United States has secured commitments in key bilateral dialogues, but U.S. agency reporting on status should be improved : report to congressional requesters.

Format:

Book

Government document

Author/Creator:

United States. Government Accountability Office, issuing body.

Language:

English

Subjects (All):

United States--Commerce--China.

United States.

China--Commerce--United States.

China.

Imports--United States.

Imports.

Exports--China.

Exports.

United States--Commercial policy.

Commerce.

Commercial policy.

Physical Description:

1 online resource (ii, 41 pages) : color illustrations

Other Title:

United States China trade, United States has secured commitments in key bilateral dialogues, but United States agency reporting on status should be improved

China's bilateral trade commitments

Place of Publication:

[Washington, D.C.] : United States Government Accountability Office, 2014.

Summary:

China is the largest destination for U.S. exports outside North America and also the source of the largest U.S. bilateral trade deficit. The countries engage in two high-level dialogues to address trade barriers and cross-cutting economic issues. These are the JCCT, co-led for the United States by Commerce and USTR, and the economic track of the S & ED, led by Treasury. GAO was asked to review China's bilateral trade commitments made in these dialogues. This report (1) describes trade and investment commitments China has made at the JCCT and S & ED; (2) describes U.S. agency tracking of China's implementation of these commitments; and (3) evaluates U.S. agency reporting on implementation. GAO analyzed documents, including public fact sheets stating commitments; interviewed officials, industry representatives, and other experts; used a structured process to categorize commitments; and reviewed reports officials identified as reporting implementation status of commitments. To improve understanding of progress through the bilateral dialogues in increasing access to China's markets, USTR, in conjunction with Commerce and Treasury, should work to improve reporting on China's implementation of JCCT and S & ED trade and investment commitments. In written comments, USTR and Commerce did not directly agree or disagree with the recommendation, but raised several concerns. USTR maintained current reporting is comprehensive and Commerce noted resource constraints. GAO continues to believe improved reporting would benefit policymakers.

Notes:

Title from title screen (viewed Oct. 15, 2014).

"February 2014."

Includes bibliographical references.

"GAO-14-102."

OCLC:

894507129